Journal of Property Valuation and Investment: Volume 10 Issue 4

Rating of Markets

Nicholas Heal, Frances Plimmer

Considers the problems of rating valuations for street and indoormarkets. Discusses the most suitable way to solve them using threedifferent types of market as examples. Queries…

The Valuation Profession in Australia

Graeme Newell

Outlines the nature of the valuation profession in Australia. Notesthat the profession has recently undertaken important developments inorder to enhance its professional status…

Market Value: The Sacred Cow

Graeme J. Horsley

Considers the problems which have arisen in recent years from themany definitions of ′market value′ which occur in various parts of theworld. Suggests there is a need for a common…

Building Society Mortgage Valuation Fraud

Stuart Gronow

Reviews the various types of fraud in which a building societymortgage valuer may become involved. Considers the possible conflicts ofinterest which could lead to fraudulent…

The Initial Yield Revealed: Explicit Valuations and the Future of Property Investment

Andrew E. Baum, Bryan D. MacGregor

Starts from the basic principles of property investment and showsthat the initial yield conceals estimates of a risk premium, expectedincome growth and expected depreciation…

The Effect of Unrestricted Sunday Trading on the Spatial Pattern of Retail Rents

Richard Barkham

Considers the potential impact of seven‐day trading on the spatialpattern of retail rents. Notes that the Institute of Fiscal Studiespredicts that Sunday trading will have no…

Methodology and Convention in the Standardisation of Retail Rents

Neil Crosby, Geoffrey Keogh, Geraldine Rees

Examines the methodological issues that arise in generatingstandardised transaction data for use in analysing the determinants ofretail rents. Looks at the issues raised by the…